Update: is now paying . Banks across the board have been lowering their savings rates, but has been holding their rates high for longer periods of time. From March 2010 to March 2011 American Express kept their savings account rate firm at 1.30%. In March 2011, they finally adjusted their rate down by 0.15% to . American Express currently offers a high yield savings account/money market account that pays . This is a competitive rate for the current interest rate environment. Benefits of … [Read more...]